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3621 San Remo Terrace
Sarasota, FL 34239
$9,750,000
Conventional
Property
Bedroom
5
Bathroom
7
Property Type
Conventional
Square ft
5328
Property Description
Under Construction. Presenting an exquisite masterpiece currently under construction by Seaward Homes Curated Collection. This exceptional Florida Coastal Home is a true gem, located on a quiet culdesac west of Orange Avenue. Situated on an expansive lot, nearly 18,000 sq ft in size, this residence boasts unparalleled BIG WATER VIEWS, with a bayou stretching almost 400' wide, providing direct access to breathtaking Sarasota Bay. Meticulously designed, the home showcases an expansive, open floor plan that immerses each room in an abundance of natural light. Distinctive features include a four-car garage and two oversized lanais for seamless outdoor living. The pinnacle feature awaits on the third level—a rooftop terrace offering panoramic vistas of Sarasota Bay. Encompassing a generous 5,328 square feet of air-conditioned space, this home boasts five spacious bedrooms, each adorned with walk-in closets, and a total of five full baths and two half baths. Noteworthy is the ultra-high level of quality with the exterior wall system on first AND second floor being concrete construction, ensuring quality and structural integrity. Step inside, and the meticulous craftsmanship of this Seaward Curated Collection home becomes immediately evident. The custom locally crafted solid wood cabinets throughout the home are available in a multitude of colors and finishes, tailored to the owner's preferences. The kitchen is adorned with solid stone Quartzite, including a custom island and backsplash, creating a culinary haven. The appliance package features professional-grade Thermador appliances, including a towering 30"wide refrigerator and 24" freezer columns, a gas cooktop, double ovens, and two dishwashers. Every detail, from the plumbing fixtures by Kohler to the one-piece comfort height toilets, reflects a commitment to luxury and functionality. The flooring throughout is equally opulent, with options ranging from large format designer porcelain tile to European hardwood, or a seamless combination of both. The trim package is a symphony of detail, featuring eight foot tall solid doors, oversized baseboard and casing, coffered ceilings, and substantial crown molding in various rooms, with ceiling heights to 11' and 12' in select areas. Additional highlights include an upgraded electrical and lighting control package, a high-efficiency Air Conditioning system with multiple zones, hurricane impact-rated and insulated safety glass, and oversized 10’ sliding glass doors throughout. The architectural design is accentuated with a standing-seam metal roof, emphasizing both style and durability. Outdoors, an expansive 45-foot wide lanai beckons with an outdoor kitchen, ideal for hosting unforgettable gatherings. The exterior also boasts a 40-foot inground heated pool and spa, professionally landscaped grounds by Borden Landscape Architects, a semi-circular driveway with concrete shell pavers, and an irrigation well. Discover the pinnacle of coastal living at San Remo Terrace, strategically located just minutes from the world-renowned Siesta Key Beach, Morton’s Market in the Southside Village, Downtown Sarasota, and Sarasota Memorial Hospital.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
A4592737
Location
Address
3621 SAN REMO TERRACE
City
SARASOTA
State
FL
Zip Code
34239
County
SARASOTA (CITY)
Listing
Provider
Coldwell Banker, original listing
Name
Coldwell Banker
Phone
(813) 754-3586
Office Name
COLDWELL BANKER REALTY
Office Phone
(941) 383-6411
Agent Name
Patrick DiPinto, III

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.